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Budgetary Rules And Budget Process: Theory, Empirics, And The Case Of The Czech Republic

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Author Info
Martin Gregor

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Abstract

We survey theories of impacts of budgetary rules in the budget process, review empirical evidence and on the basis of comparative studies attempt to design the optimal shape of the Czech budgetary rules. The theoretical part focuses on conventional and non-intuitive effects of spending caps and spending targets under alternative electoral systems. The empirical part conveys a meta-analysis of five studies on fiscal governance in Central and Eastern European countries. The final part recommends changes in the Czech budget process.

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Publisher Info
Article provided by University of Economics, Prague in its journal Politická ekonomie.

Volume (Year): 2008 (2008)
Issue (Month): 4 ()
Pages:
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Handle: RePEc:prg:jnlpol:v:2008:y:2008:i:4:id:649

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Related research
Keywords: public finance; fiscal rules; fiscal governance; budget process;

Find related papers by JEL classification:
H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus

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